2012: How Wall Street got it wrong
From hedge fund manager John Paulson’s call for a collapse in Europe to Morgan Stanley’s warning that US stocks would decline, Wall Street got little right in its prognosis for…
Mainland property prices rise again
New-home prices on the mainland have increased for a seventh month as buyers concerned that prices would surge again boosted sales, SouFun said. Prices rose 0.23 per cent last month…
Foreign fund bids against local developers for sites
Two residential sites put up for tender in Sha Tin and Sai Kung have drawn bids not only from local developers but also a foreign real estate fund, reflecting confidence…
Fiscal cliff deal could hit Asia-Pacific stocks
A resolution to the US fiscal cliff crisis, messy and protracted as it was, provided an immediate boost for financial markets but longer term could spell trouble for some Asian…
Markets have no idea what is good for the economy
Short-term movements in the stock market don’t tell you much, and one of the main things they don’t tell you is how to make public policy. The idea that a…
Property investors look to giant Russian shopping malls
Shoppers who find that 250 stores are not enough can go ice skating, watch films or even ride a merry-go-round, all under a single roof. While it sounds like the…
‘Grimmest days over’ for Hong Kong’s office leasing market
After a sharp fall in rentals in the core Central district, the worst for Hong Kong’s office leasing market is over, property consultants say. They expect demand to pick up…
Stock markets rally despite global economic malaise
You had perfectly good reasons for being cowardly about the stock market in 2012, but caution didn’t serve you well. Markets & Investing feed…
Hong Kong property sales up 6 per cent in 2012
Property sales in Hong Kong are expected to have risen 6 per cent last year, with the total value of deals climbing to a two-year high thanks to rapid growth…
Hong Kong stocks up 22.9 per cent over 2012
Last year was a profitable one for the Hong Kong stock market and hopes are high for this year. The Hang Seng Index ended the year up 22.9 per cent…
